What is a PEO, who uses a PEO, and why?
What: Professional employer organizations (PEO’s) enable clients to cost-effectively outsource the management of human resources, employee benefits, payroll and workers’ compensation. This allows PEO clients to focus on their core competencies to maintain and grow their bottom line. The average customer of a PEO is a small business to mid size business with typically under 200 worksite employees. Who: PEO business customers include many different types of businesses ranging from accounting firms, high-tech companies, and small manufacturers – as well as professionals, including doctors, retailers, mechanics, engineers and plumbers. Why: Business owners want to focus their time and energy on the “business of their business” rather than the “business of employment”. As businesses grow, most owners do not have the necessary human resource training; payroll and accounting skills, the knowledge of regulatory compliance, or the background in risk management, insurance and employee benefit pr
